What is SkillsFuture?

SkillsFuture is a national movement to provide Singaporeans with the opportunities to develop their fullest potential throughout life, regardless of their starting points. Through this movement, the skills, passion and contributions of every individual will drive Singapore's next phase of development towards an advanced economy and inclusive society. No matter where you are in life – schooling years, early career, mid-career or silver years – you will find a variety of resources to help you attain mastery of skills. Skills mastery is more than having the right paper qualifications and being good at what you do currently; it is a mindset of continually striving towards greater excellence through knowledge, application and experience. With the help of the Future Economy Council, education and training providers, employers, unions – you can own a better future with skills mastery and lifelong learning. Your skills. Your asset. Your future.

Who is SkillsFuture for?

Everyone is part of Singapore's SkillsFuture journey. The choices you make or guide others to make in education, jobs or careers should lead to opportunities to maximise one's potential and develop a mastery of skills. To meet challenges and achieve success, chart your own paths through lifelong learning and skills mastery. Every Singaporean, every job, at every stage of life, counts.

1

Help individuals make well-informed choices in education, training and careers

2

Develop an integrated high-quality system of education and training that responds to constantly evolving needs

3

Promote employer recognition and career development based on skills and mastery

4

Foster a culture that supports and celebrates lifelong learning

The Next Bound of SkillsFuture builds on the existing SkillsFuture Movement and continues to support Singaporeans to develop to their fullest potential throughout life, regardless of their starting points.

The Next Bound of SkillsFuture will:

  1. Enable individuals to continue learning.
  2. Enhance the role of enterprises in developing their workforce.
  3. Have a special focus for mid-career workers through the SkillsFuture Mid-Career Support Package for locals in their 40s and 50s, to help them stay employable and move to new jobs or new roles.

For Individuals

  • One-off SkillsFuture Credit top-up of $500 for every Singaporean aged 25 years and above
  • Increase capacity of SkillsFuture Work-Study Programmes by 2025

For Enterprises

  • SkillsFuture Enterprise Credit (SFEC) to encourage employers to embark on enterprise and workforce transformation
  • Work with large anchor companies/SkillsFuture Queen Bee companies to support training for their sectors and value chain partners
  • Deepen workplace learning capabilities

SkillsFuture Mid-Career Support Package

  • Increase the capacity of reskilling programmes
  • Additional SkillsFuture Credit (Mid-Career Support)
  • Hiring incentive to employers who hire local jobseekers aged 40 and above through a reskilling programme

The Future Economy Council (FEC) drives the growth and transformation of Singapore’s economy for the future. Chaired by Deputy Prime Minister & Minister for Finance Mr Heng Swee Keat, the Council comprises members from government, industry, unions, and educational and training institutions. The FEC will oversee the implementation of the recommendations put forth by the Committee on the Future Economy (CFE), and will build on the work of the earlier Council for Skills, Innovation and Productivity, which includes SkillsFuture initiatives and Industry Transformation Maps.

Future Economy Council Members

                               
20 Sep 2023